AKE 0.00% $9.83 allkem limited

Seeking Alpha - Strong Buy, page-33

  1. 1,766 Posts.
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    Thanks 4 taking the time to reply. I am aware of the number of delays due to commissioning issues leading up to progressing to nameplate production.

    I guess that at this late stage of the game, I am of the glass almost full camp. There are still others of the 1/2 glass full and finally maybe yourself, are ones remaining still in the 1/2 glass empty camp. There are so many milestones crossed leading to where ORE is today. True there R many ways to choose focus on a piece of news. The detail you mentioned may be true but the lack of positivity in your wording & to focus on it amongst the other overall overwhelming positive news- funding & boost to expansion size, and more - seemed abit out of place for someone who was long.

    Those things also did not stop the ORE SP on REOPEN after those anns. Though opened low at 6.30ish to rise to 7.20s over the course of 2 wks. The combination of the recent overall commentary on Li as a whole, the speculation on weather perhaps and now the overwhelming threat of further US markets falling is what has beaten down the ST trend of ORE. May be abit unfair to attribute the SP pricing to mgtmts timing of LiOH plans and in hindsignt may prove a brilliant financing move from OREs side, as you alluded to.

    ST, last wks failed recovery and breakout to downside means capital preservation of non LT trades is necessary. Still a HOLD for main LT holdings and wait to weather this storm. Cant fight the market.
    Last edited by songokou: 25/03/18
 
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